Puerto Rico governor reshuffles fiscal team
October 16, 2014
Puerto Rico Gov. Alejandro García-Padilla announced changes to his fiscal team Wednesday that call for shifting Treasury Secretary Melba Acosta to the helm of the Government Development Bank, and naming Juan Zaragoza-Gómez as her successor at the agency. The governor also announced the appointment of Luis Cruz as director of the Office of Management and Budget.
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8 small businesses picked to operate in Roosy Roads
October 8, 2014
The Roosevelt Roads Redevelopment Authority announced the selection of eight microbusinesses from Puerto Rico’s eastern flank to establish operations inside the former Navy base that is currently being repurposed for public access.
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Puerto Rico wants to be ‘medical tourism powerhouse’
September 24, 2014
The Government of Puerto Rico took an important step Tuesday in its efforts to become a medical tourism powerhouse in the Caribbean and Latin America when the Department of Economic Development and Commerce signed an agreement with the Medical Tourism Association to have the MTA provide educational training aimed at obtaining certifications for service providers in Puerto Rico.
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Government pursuing ‘smaller-scale’ P3 agreements
September 18, 2014
The Gov. García-Padilla administration is looking to broaden the scope of possibilities regarding the establishment of public-private partnerships, or P3s, through legislation that would allow smaller scale projects, P3 Authority Executive Director Grace Santana said.
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OPEN Puerto Rico looks to raise $14K via AntRocket
September 17, 2014
OPEN Puerto Rico, a platform that strives to find and publish governmental data and public documents, is looking to raise $14,000 through crowdfunding platform AntRocket, to be able to further its pursuit of pushing for public sector transparency.
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Women head Puerto Rico’s public sector workforce
July 7, 2014
Women represent 54 percent of Puerto Rico’s public-sector workforce, while the median age of all government workers is 45 years old, according to a study released by the island’s Statistics Institute over the weekend.
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Op-Ed: Nice try, but a federal fix is probably necessary
June 30, 2014
Shakespeare was right about one who protests too much: When denials are emphatic, it’s probably wise to believe the opposite.
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Gov. submits bill allowing public corps to restructure
June 25, 2014
Gov. Alejandro García-Padilla announced Wednesday the filing of a bill to establish the framework to allow Puerto Rico corporations in fiscal troubles to conduct an organized restructuring of their debt.
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Global Internet privacy study reveals conflicting views
June 20, 2014
Consumer viewpoints on online privacy vary widely by geography and the type of activity engaged in while surfing the Web, a recently released study by EMC Corporation concluded.
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CNE: ‘Fiscal ’15 budget will not be structurally balanced’
June 19, 2014
Contrary to what the government has been asserting over the past few months, the proposed budget for Fiscal 2015 will not be a balanced one because it is not factoring in sufficient appropriations to cover bond interest payments due, the Center for a New Economy said Wednesday.
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Survey: Puerto Rico broadband availability reaches 77%
June 5, 2014
New research released Wednesday by Connect Puerto Rico shows that broadband availability at speeds of at least 50 Mbps download/1.5 Mbps upload available in Puerto Rico has more than tripled from 24.3 percent in October 2013 to 76.9 percent in April 2014, excluding mobile wireless services.
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Puerto Rico gov’t to offer mortgage-refinancing program
May 14, 2014
Some 10,000 low- and moderate-income families residing in Puerto Rico stand to benefit from the “Ahorro Hipotecario” program, which offers mortgage-refinancing opportunities through the Housing Finance Authority, Gov. Alejandro García-Padilla said Tuesday.
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SBA, CIAPR hosting gov’t contracting matchmaking event
May 5, 2014
The U.S. Small Business Administration and the Puerto Rico Professional College of Engineers and Land Surveyors (CIAPR by its Spanish acronym) will conduct on Tuesday their 10th annual “Business Matchmaking Event” to pair small firms with federal government agencies seeking vendors.
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Governor pitches $9.64B budget, ‘reconstruction plan’
April 29, 2014
Puerto Rico Gov. Alejandro García-Padilla presented Tuesday a budget that includes about $1.4 billion in cuts, including the elimination of 23 agencies and about 100 schools, among other “rational uses of public funds.”
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Group offers 34 fixes to Puerto Rico’s pressing issues
April 14, 2014
A workgroup comprising public and private sector representatives handed Gov. Alejandro García-Padilla a report containing 34 recommendations Sunday to tackle Puerto Rico’s low labor participation rate, brain drain, the aging population and the underground economy.
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